The price of iPhone 13 suddenly increased sharply

According to the latest market research report by CounterPoint Research, after the launch of the iPhone 14, the price of the used iPhone 13 series increased by an average of 11%.

Specifically, the average selling price (ASP) for refurbished iPhone 8 series phones has dropped 38% since the iPhone 14 was released. While, the ASP of the iPhone X series decreased by 23% over the same time frame, and the ASP reduction of the refurbished iPhone 11 models was 15%. The first iPhone models to support 5G, the iPhone 12 series, have seen the price of refurbished units drop by 10% since the launch of the iPhone 14. But refurbished phones from the iPhone 13 series have actually grown 11% since the iPhone 14 models hit store shelves.

Selling price of refurbished and used iPhone 13 has increased (Source: Counterpoint Research).

One reason the prices of refurbished iPhone 8, iPhone X, iPhone 11 and iPhone 12 models have dropped is because the supply of these phones is growing as more and more consumers buy and sell them to get credit. for the iPhone 14 variant. Counterpoint has calculated that the average US consumer is holding onto their phone for 3 years and 7 months, a longer holding period than it was calculated just a few years ago.

In addition, according to GizChina, one of the factors that makes many users in the US look to buy iPhone 13 Pro is that the standard iPhone 14 versions are not attractive enough, especially the iPhone 14 Plus. Even a source from the Information site also revealed that Apple has begun to cut production of iPhone 14 Plus due to too low demand from the market.

Gizchina said that this is not surprising as this year’s standard iPhone 14 version has been greatly reduced by Apple in terms of equipment compared to the Pro and Pro Max duo.

“The appearance of the iPhone 14 and iPhone 14 Plus is similar to the old generation, the new screen technology does not appear on this iPhone duo. As for performance, this is also the first time in history that a new iPhone has used a new iPhone. Using the old chip, meanwhile, the two big upgrade features, satellite communication and car accident detection, don’t make much sense to most ordinary users,” commented Gizchina.

The latest research conducted by investment bank JPMorgan Chase shows that the market performance of iPhone 14 is declining compared to iPhone 13. According to JPMorgan Chase, delivery times for iPhone 14 Pro and 14 Pro Max smartphones have decreased. down to 29 days and 30 days, respectively. This is less than the iPhone 13 Pro and 13 Pro Max models in the same period after their launch last year.

For the standard models, the current delivery time for the iPhone 14 and 14 Plus in China is just 1 day – a huge gap compared to the 12 day delivery time of the iPhone 13 and 13 mini in the same time period. after its debut last year.

JPMorgan Chase said that the market performance for the standard version of the iPhone 14 is much worse than its predecessor, and the popularity of the iPhone 14 Pro is gradually declining.

According to the latest data released by Mydrivers, the 256GB version of the iPhone 14 has dropped to $870 (VND 21.18 million) at third-party stores in China, while the iPhone 13 with similar storage capacity available on Apple’s website for sale for $876 (VND 21.33 million). The maximum discount for iPhone 14 Plus in China is already 208 USD (5 million VND).

References: Phonearena, Gadgetendency